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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.


TSXV:OM - Post by User

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Post by landlubberon Sep 08, 2010 6:06pm
561 Views
Post# 17426705

Beattie 3.38 g/t Au 27.0 metres

Beattie 3.38 g/t Au 27.0 metres

QUEBEC - Montreal's Osisko Mining and Vancouver-based Clifton Star Resourceshavebeen drilling their Beattie gold property and cuttinggoodintersections. The best from the latest drill holes include 27.0metresaveraging 3.38 g/t Au, 42.8 metres averaging 1.81 g/t Au and 27.5metresaveraging 1.83 g/t Au.

Osisko is earning a 50% interest inthe Duparquet property byspending $70 million by 2013 and extendingloans to Clifton Star. The2010 program includes 122,000 metres ofdrilling. Work is focused on theformer Beattie gold mine (1933-56), theformer Donchester gold mine(1946-56), and the former Duquesne gold mine(1946-52 and 1988-92).There are currently five drills on site.

Additional details of the Duparquet project are available on the Clifton website at www.CliftonStarResources.com.


https://www.canadianminingjournal.com/issues/story.aspx?aid=1000384835
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